Regulatory Alerts2026-03-13
Federal Reserve Board Issues Enforcement Actions Against Former Employees of Equity Bank and First State Bank of Dongola
The Federal Reserve Board issued consent prohibition orders against Cassandra Grayson and Sandra Adams, former employees of Equity Bank and First State Bank of Dongola. Grayson faces sanctions for embezzling bank funds, while Adams is penalized for misappropriating customer funds. The enforcement actions formally prohibit both individuals from future participation in the operations of these financial institutions.
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Press Release
March 13, 2026
Federal Reserve Board issues enforcement actions with former employee of Equity Bank and former employee of First State Bank of Dongola
For release at 11:00 a.m. EDT
The Federal Reserve Board on Friday announced the execution of the enforcement actions listed below:
Consent prohibition order against Cassandra Grayson Former employee of Equity Bank, Andover, Kansas Embezzlement of bank funds
Consent prohibition order against Sandra Adams Former employee of First State Bank of Dongola, Dongola, Illinois Misappropriation of customer funds
Additional enforcement actions can be searched for here .
For media inquiries, please email media@frb.gov or call 202-452-2955.
Attachment 1 (PDF)
Attachment 2 (PDF)
Last Update: March 13, 2026